First Advantage (FA) Free Cash Flow (2020 - 2026)

First Advantage (FA) posted Free Cash Flow of $36.2 million for Q1 2026, up 71.13% on a QoQ basis from $21.2 million in Q4 2025, and up 95.84% year-over-year from $18.5 million in Q1 2025.

First Advantage (FA) Free Cash Flow (2020 - 2026) Analysis & Trends

First Advantage's Free Cash Flow history runs 7 years deep, the most recent figure standing at $36.2 million for Q1 2026.

  • Quarterly Free Cash Flow rose 95.84% year-over-year to $36.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $165.2 million (up 1864.52% YoY) and the FY2025 annual result came in at $147.5 million, up 433.34% from the prior year.
  • Free Cash Flow was $36.2 million for Q1 2026 at First Advantage, up from $21.2 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $69.9 million in Q3 2025 and bottomed at -$65.8 million in Q4 2024.
  • A 5-year average of $33.1 million and a median of $37.7 million in 2024 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2024 — Free Cash Flow tumbled 216.59% — and 2025, when it jumped 190.53%.
  • First Advantage's Free Cash Flow stood at $53.6 million in 2022, then gained by 5.32% to $56.5 million in 2023, then tumbled by 216.59% to -$65.8 million in 2024, then jumped by 132.16% to $21.2 million in 2025, then soared by 71.13% to $36.2 million in 2026.
  • Business Quant data shows FA's Free Cash Flow at $36.2 million in Q1 2026, $21.2 million in Q4 2025, and $69.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 530.57 Mn
2 Rentokil Initial 73.75 Bn 71.25 Bn - -
3 Relx 60.28 Bn 60.04 Bn - -
4 Thomson Reuters 38.09 Bn 37.23 Bn - 661.00 Mn
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn 503.31 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn -550.16 Mn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn 172.60 Mn
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 178.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 298.98 Mn
10 First Advantage 3.34 Bn 3.11 Bn 173.79 Mn 36.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 36.23 Mn
Mar 31, 2026 36.23 Mn
Dec 31, 2025 21.17 Mn
Dec 31, 2025 21.17 Mn
Sep 30, 2025 69.95 Mn
Sep 30, 2025 69.95 Mn
Jun 30, 2025 37.89 Mn
Jun 30, 2025 37.89 Mn
Mar 31, 2025 18.50 Mn
Mar 31, 2025 18.50 Mn
Dec 31, 2024 -65.82 Mn
Dec 31, 2024 -65.82 Mn
Sep 30, 2024 24.08 Mn
Sep 30, 2024 24.08 Mn
Jun 30, 2024 31.66 Mn
Jun 30, 2024 31.66 Mn
Mar 31, 2024 37.74 Mn
Mar 31, 2024 37.74 Mn
Dec 31, 2023 56.45 Mn
Dec 31, 2023 56.45 Mn